Some Policy Incentives On Biomass Pellet Production

As more and more countries have set up the goal to cut down the green house emission, a series of various policies has been set up in order to encourage people to produce biomass energy or consume biomass energy. Although pellet production is a profitable business, it also requires a large amounts of investment in the beginning. There is some outer subsidy from the government, which can help you release the financial burden to some extent. Next we will inform you of several common policy related to biomass pellet.

Public financing
This legislation provides government investment, loans or grants to supply capital for renewable energy projects. 45 countries in both developed and developing countries have formulated such financing-based policies.

Feed-in tariffs
The feed-in tariff guarantees a fixed price paid for the electricity generated via certain renewable fuel types identified by the government, generally set above the market price for competing traditional fuels. As a result, a greater market for the product of your prospective operation will exist in the 45 countries that have adopted such policy. Most include biomass pellets as being eligible for the tariff.

Production payment
A direct payment by the government for the renewable energy produced.

Capital subsidy, grant, or rebate
In this instance, the government makes a one-time payment to the producer of renewable energy.

Do some research on the policy of your country on supporting biomass energy industry, we believe you can surely be beneficial from some of them.

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